ShreyasSab

H&S Pattern in Exide

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
Exide has given breakout in Head & Shoulder pattern in 1 day timeframe and its looking to give a good move from these levels.
Target can be at 198(T1) - 210+(T2) levels with Sl at 180 with a holding period of 2-3 months. Can also hold this for long term growth.
~ The stock has given decent q4 results.
~ The stock has huge potential in the future having about 60% of market share in ion batteries.
~ The company’s life insurance business is also been seeing growth in the recent times.
*This is just my view enter trade based on your analysis*

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